Goods services will be produced and sold in the us, Macroeconomics

Who decides what goods services will be produced and sold in the US?

Ans) It is mostly the American consumer. The US government also plays a big role in the nation's economy, constituting roughly 36% of GDP - making it the major and therefore most influential economic institution and consumer. Manufacturers or those controlling supply may also manipulate demand by advertising and popular media.

 

Posted Date: 4/1/2013 3:10:59 AM | Location : United States







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